Welcome to Coconut Cove a Prime Investment Opportunity in Ocean City, NJ! Don t miss this turnkey 2-bedroom, 1-bath unit located directly across the street from the iconic Ocean City Boardwalk. Coconut Cove is a high-performing rental property with a history of generating over $50,000 in annual income the last 3 years and on course to do close to $60,000 this current year. This 1200 sq ft unit comes fully furnished with themed coastal Coconut d cor and brand new luxury vinyl plank flooring throughout. Features include a bright and open living space, a private front deck patio perfect for enjoying ocean breezes, sleeping for 5, two dedicated parking spaces a rare find this close to the beach and an outside shower. This well-maintained unit is ideally situated in one of the East Coast s most popular resort destinations, "America's Greatest Family Resort" Ocean City, NJ, offering easy access to guarded beaches, iconic restaurants & shopping. Also, please take note, the Coconut Cove's sister property, The Pineapple Pad, 1312 Ocean Ave. (MLS 596521) is also for sale. Own both units together and double your rental income, enjoy built-in management systems, and give guests tenants the option to book side-by-side stays, perfect for family or group stays! It's a rare chance to to invest in a turn-key Ocean City duo that's already up and running. Whether you're looking for a strong investment or a personal getaway with excellent rental potential, Coconut Cove checks all the boxes.
Listing Courtesy of GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY.
